GuidesSignal strength 3 of 5
What Is a Down Round? Founders and Staff
A down round is a raise at a lower valuation than the last one. How it dilutes founders, what happens to employee options and what to negotiate.
Analysis
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GuidesSignal strength 3 of 5
SAFE vs Priced Round: The Difference
A SAFE is not debt and converts later; a priced round sets a share price now. How each works, with worked examples and UK tax-relief notes.